During an interview with CNBC, Jensen Huang addressed the recent downturn in memory stocks, which followed a South Korean opinion piece predicting a potential oversupply in the memory market by 2029. Huang countered this narrative, asserting that the demand for memory, particularly high-bandwidth memory (HBM), will remain strong as it is integral to Nvidia's products.
He emphasized the efficiency of their LPDDR memory technology, which has been successfully integrated into data centers. The sell-off was exacerbated by concerns over competition from Chinese firms like ChangXin Memory Technologies (CXMT), which announced new architectures that could enhance their market position.
Huang acknowledged the advancements in China's semiconductor capabilities, attributing some of this acceleration to U.S. regulations that have pushed China to develop its own technologies. He remains open to potential partnerships with Chinese companies, recognizing their manufacturing strengths.
Huang's insights suggest that while the memory market faces challenges, Nvidia's strategic positioning and the ongoing demand for memory could mitigate potential impacts on their business